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LG INNOTEK EXPANDS SEMICONDUCTOR INVESTMENT IN VIETNAM
Vietnam continues to strengthen its position as a preferred destination for high-tech manufacturing investment. Most recently, LG Innotek signed an investment agreement with Hai Phong City to develop a new semiconductor substrate manufacturing facility, marking the company's first semiconductor substrate production project in Vietnam.
The new facility, expected to begin construction in July 2026, will support growing global demand for semiconductor components used in AI, advanced communications and next-generation technologies. The investment further reinforces confidence in Vietnam's manufacturing ecosystem and skilled workforce.
To support growing demand from international manufacturers, Core5 Vietnam continues to expand its industrial footprint across key production hubs. In Hai Phong, Core5 Hai Phong Phase 2 is being developed to provide modern ready-built factory solutions for companies seeking to establish or expand operations in one of Northern Vietnam's most dynamic industrial markets.
For companies exploring expansion opportunities in Vietnam, our team would be pleased to share insights on industrial locations, market trends and ready-built factory solutions. Please feel free to connect with Ms. Tiffany Trang Pham via WhatsApp at +84 961 673 989.
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MEMBER CORNER / PROMOTIONS
THE REVERIE SAIGON CELEBRATES THE FESTIVE SEASON WITH CURATED CULINARY EXPERIENCES AND BESPOKE CELEBRATIONS
Ho Chi Minh City, Vietnam, 12 November 2026 – The Reverie Saigon, a member of “The Leading Hotels of the World”, unveils its 2026 festive program, presenting a wide range of holiday offerings across its dining venues, spa, and accommodations. Reflecting Ho Chi Minh City’s growing reputation as a leading dining destination, this year’s festive offerings bring together diverse culinary experiences
MEMBER CORNER / PROMOTIONS
PASTA WEEK: EMBARK ON A FLAVOURSOME CULINARY VOYAGE AT NOI
From November 9 to 22, 2026, NOI restaurant located on Level 3 of the Union Square - presents Pasta Week, an exclusive culinary journey celebrating the spirit of "A Celebration of Us". Taking inspiration from its name "NOI", which means "Us" in Italian, the specially curated menu unfolds like a vessel bearing warmth and brings people closer around the dining table.
VIETNAM ECONOMY INVESTMENT
AVERAGE STARTUP CAPITAL PER NEW BUSINESS DOUBLED TO $800,000
More than 243,600 businesses were newly established or resumed operations in the first 10 months of 2026, averaging 24,400 a month, according to the National Statistics Office under the Ministry of Finance. Total additional registered capital reached nearly VND5.8 quadrillion ($227 billion), up 11.6 per cent on-year.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM SEEKS NEW GROWTH DRIVERS TO ACHIEVE DOUBLE-DIGIT EXPANSION IN 2027
The target, approved by the National Assembly (NA) on November 7, comes amid encouraging economic performance in the first 10 months of 2026. However, sustaining high growth will require more than increased investment and credit. Improving productivity, strengthening the private sector, promoting industrial development and accelerating science and technology adoption will be crucial to turning the ambitious target into reality.
VIETNAM ECONOMY INVESTMENT
VIETNAM’S TRADE TURNOVER SURPASSES $1 TRILLION FOR THE FIRST TIME
Total merchandise trade reached more than $1 trillion in the first 10 months of 2026, up 32.3 per cent on-year, according to the National Statistics Office under the Ministry of Finance. Exports hit $499.24 billion, up 27.5 per cent, while imports totalled $511.3 billion, up 37.4 per cent. With imports outpacing exports, Vietnam posted a merchandise trade deficit of $12.07 billion, compared with a surplus of about $19.5 billion a year earlier.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
VIỆT NAM TO DEVELOP A NATIONAL PROGRAMME TO BOOST MARITIME INDUSTRY
Việt Nam will develop a national programme for the maritime and marine engineering industries through 2035 as part of the effort to strengthen domestic industrial capacity and build a modern, competitive and self-reliant maritime industry. Under Decision 2089/QĐ-TTg, signed by Permanent Deputy Prime Minister Phạm Gia Túc, the Government seeks to address existing difficulties and bottlenecks, mobilise resources and make more effective use of the industry's existing capabilities.
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